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There are 69,015 results that match your search.69,015 results

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Geneva Association: insurance not a systemic risk concern

Insurers are neither a source nor an amplifier of systemic risk compared to the largest global systemically important banks (G-SIBs), says the Geneva Association

12 December 2012
White Mountains to buy another AIG run-off unit

Bermudian White Mountains' specialist run-off acquisition arm has agreed a deal to buy a third American International Group (AIG) unit in the space of six months as it continues to make its presence felt in the legacy sector.

12 December 2012
Reinsurers on the hook as Chubb takes $880mn pre-tax Sandy hit

Chubb's treaty reinsurers are facing losses after the US insurance giant said today it estimates its burden from Superstorm Sandy to be approximately $880mn before tax, or $570mn after tax.

12 December 2012
The Hartford puts gross Sandy losses at $370mn

US insurer The Hartford has estimated its total gross claims bill from Superstorm Sandy at $370mn.

11 December 2012
Nationwide and CNA programmes set to escape losses

Nationwide and CNA have told their catastrophe reinsurers that they are unlikely to hand on any claims from Superstorm Sandy, The Insurance Insider can reveal.

11 December 2012
Julian James to step down as CEO of Lockton International

Julian James has announced he intends to step down as CEO of Lockton International at the end of January 2013

11 December 2012
C.$200mn Sandy loss for The Hanover spares reinsurers

Cat reinsurers again look set to emerge unscathed from Superstorm Sandy after The Hanover disclosed pre-tax net losses of around $200mn

11 December 2012
US government to sell remaining AIG stock

The US Treasury is set for a final exit from American International Group (AIG) after announcing this afternoon that it has launched an underwriting public offering for its remaining 234.2 million shares in the insurance giant.

11 December 2012
Sandy toll $380mn after tax for Ace

Ace Limited became the latest (re)insurer to disclose preliminary loss estimates for the impact of Superstorm Sandy as it said fourth quarter financials would be hit by a charge of $380mn after tax and net of reinsurance, including reinstatement premiums.

10 December 2012
Catlin leads $46mn Willis-brokered Baltic Ace cover

The hull insurance for the lost Baltic Ace car carrier was brokered by Willis and led by Lloyd's insurer Catlin, The Insurance Insider can reveal

10 December 2012

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